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China may also establish Bitcoin reserves now

Against the backdrop of the booming global cryptocurrency market, on December 9, 2024, Binance founder Zhao Changpeng presented a stunning viewpoint at the Bitcoin MENA conference in Abu Dhabi: China may become one of the countries establishing Bitcoin reserves. In the context of the upcoming implementation of the US Bitcoin Strategic Reserve Plan, Zhao Changpeng's viewpoint is particularly noteworthy. All parties are considering its possibilities and potential impacts, and the future direction is full of suspense and variables. Zhao Changpeng stated that Bitcoin, known as "digital gold" due to its scarcity and decentralized characteristics, is increasingly favored among investment groups. Compared to traditional legal tender and financial instruments, its value preservation efficiency is more outstanding. The Bitcoin reserve strategy is...

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